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Day4 Energy PV Manufacturing Capacity Expansion Proceeds Ahead of Schedule

Posted on: Tuesday, 8 January 2008, 09:01 CST

BURNABY, British Columbia, Jan. 8 /PRNewswire-FirstCall/ -- Day4 Energy Inc. (TSX: DFE), a leading manufacturer of high performance, cost-effective solar electric modules, today announced the arrival of its first batch of proprietary photovoltaic (PV) production machinery from German supplier ACI-ecoTec. This equipment is a part of production line expansion that is designed to more than triple Day4's current annual production capacity at the company's Vancouver-area headquarters from 12 MW to 40 MW by the end of Q2 2008. With delivery of this equipment approximately two months before scheduled deployment, Day4 is now well underway towards executing its stated plans to expand manufacturing capacity in 2008.

"With customer and partner demand for Day4 solar modules already outpacing our current manufacturing capacity, production expansion is a core element of Day4's Q2 growth strategy. We have a solid plan that the management team is committed to execute. Successful completion and delivery of this equipment moves us forward toward achieving our objectives this year," said George Rubin, president and COO of Day4 Energy.

The new equipment is designed to manufacture the highly efficient Day4 48 MC solar module based on the company's proprietary Day4 Electrode technology, an innovative approach to module construction that directly replaces decades-old soldering methods. The result is a high-quality Day4 solar electric product with higher performance and lower cost.

"Initial test runs of the new equipment are providing very encouraging results, which in turn positively impacts our ability to expedite delivery of high-quality product to our expanding global customer base," said Benjamin Duperthal, director of operations for Day4 Energy. "We are committed to constant technical evaluation and development of our product offering, efforts that we believe will benefit our customers and continue to place Day4 at the leading edge of solar module quality and innovation."

About Day4 Energy:

Headquartered near Vancouver, British Columbia, Day4 Energy Inc. designs, manufactures and sells photovoltaic (PV) modules based on its patented Day4 Electrode technology, a proprietary method of contacting and interconnecting solar cells. The Day4 Electrode produces PV panels of high power density, increased lifetime and uncompromised aesthetic appearance. The advanced solar module construction method increases the performance of conventional silicon panels and enables the next-generation of PV innovation. Day4 partners with the industry's leading PV cell producers to deliver UL- and TUV-certified commercial and residential solar products to customers throughout Europe and North America. For more information, visit: http://www.day4energy.com/

About ACI-ecoTec GmbH & Co. KG:

Based in St. Georgen in Germany's Black Forest, the Company is committed to the principle of innovation for the benefit of its customers. ACI-ecoTec develops and manufactures special purpose machinery to customer specific projects for automated process and production systems for the electronics, semiconductor, automotive, pharmaceutical and medical, and photovoltaic industries. Systems are characterized as modular, standardized and process-oriented. With a total of 60 Employees the company has a turn-over of ca. 8 Million Euro.

Day4 Energy Inc.

CONTACT: Rosalind Jackson of Antenna Group, +1-415-977-1923,rosalind@antennagroup.com, for Day4 Energy Inc.

Web site: http://www.day4energy.com/

Source: PRNewswire-FirstCall

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